Saudi shares stayed under pressure as the regional conflict escalated, with Saudi strikes on Houthi targets in Yemen following the attack on the Madinah power facility, and further
Saudi shares stayed under pressure as the regional conflict escalated, with Saudi strikes on Houthi targets in Yemen following the attack on the Madinah power facility, and further missiles and drones intercepted near Khamis Mushait and Jazan. Oil flows through Hormuz have recovered toward prewar levels, offering some reassurance on supply, while a projected GDP decline for 2026 keeps growth concerns in the mix. Against the tension, a $10bn AI partnership involving a unit of the sovereign wealth fund highlights the continued push into tech diversification.
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